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Telecom firms await SC verdict on AGR dues; judgment likely this week

Apart from approving a relaxed payment schedule to pay the dues, SC verdict is also likely to seal the future of Vodafone Idea

Vodafone Idea to pay AGR dues, but raises going concern issue again

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Legal experts feel that even if the licenses lapse, the liability to pay past dues does not cease, especially if they are statutory liabilities.

Megha Manchanda New Delhi

3 min read Last Updated : Aug 30 2020 | 8:59 PM IST

The telecom industry is eagerly awaiting Supreme Court judgement on the adjusted gross revenue, expected this week. Apart from according its assent to a relaxed payment schedule to pay the AGR dues, the SC verdict is also likely to seal Vodafone Idea's future.

The company, which is reeling under mounting losses, will decide its future course of action once the apex court pronounces its judgment on the matter. The Department of Telecommunications had sought a 20-year payment timeline for the payment of AGR dues by the company, which was rebutted by SC.

“If the Apex Court decides on a 15-year

Topics : Telecom companies Adjusted gross revenue Supreme Court

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